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Gold/Mining/Energy : Kensington Resources Ltd. (V.KRT) * Diamond in the rough!

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To: average joe who wrote (2516)8/14/1998 9:13:00 PM
From: Michael Shuman  Read Replies (1) of 5206
 
Joe, here is a little quote from Stock House dated Aug.13/98. Maybe it is time for you shorters to get a little nervous ah.......

Kensington Resources [KRT.V] Working again?

Sources again tell us that it may finally be time to revisit KRT, the holders of a 30% interest in the highly prospective Fort a la Corne diamond project in Saskatchewan. The pace of exploration has been slow as with most projects involving DeBeers/Monopros; however, we have been told there should be activity upcoming. Results to date indicate that the kimberlites at Fort a la Corne compare favorably with mines being put into production elsewhere but the program must provide more data before such comparisons are factored into KRT's share price. The release of further results coinciding with any kind of a rally on the VSE going into September could send KRT back up the charts.

We will keep in touch with the company and report back as developments warrant, but aside from keeping a technical eye we have KRT at the bottom of our quote screens for now.

Regards,

Mike
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